Bank of America Stock: How to Profit as It Rises

This trade is a cheap bet the financial giant's return to health continues.

Bank of America (ticker: BAC), which just crossed $14, is attracting another wave of bullish options trading in anticipation that it crosses the next whole number.

The whole-number trade has been popular ever since Bank of America began clawing its way back from the edge of the abyss with which it flirted during the worst of the financial crisis. The strategy is simple, and buying upside...